As artificial intelligence (AI) agents begin to search, shop, and make payments on behalf of consumers, clear rules on authorisation, authentication, and liability will be essential to building trust

Audit cannot replace a lender’s due diligence, but the reliability of financial information available to lenders depends on the quality of auditors and audit processes, Nitin Gupta, chairperson

As banks explore more use of artificial intelligence (AI) to automate decisions and simplify customer journeys, industry leaders stress the need for stronger security controls, accountability.

Herd mentality, fear of missing out (FOMO), and the pursuit of quick returns are among the biggest risks facing Gen Z investors, financial experts said at the Business Standard BFSI Insight Summit 26

Young investors should understand how cryptocurrencies work, what gives them value and how much they can afford to lose before investing, according to experts speaking at the Business Standard

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said the Centre has no immediate plan to increase the ethanol blending in petrol beyond the current 20 per cent.
During an interaction at the inauguration of the 29th Energy Technology and Innovation Meet in South Goa, Puri also claimed that misinformation was being spread about biofuels.
Misinformation about E20 (20 per cent ethanol-blended petrol) was a "contrived narrative," he said.
"In so far biofuels are concerned, yes, the 20 per cent (of ethanol blending) was the target, and there is no desire, just now, to increase by more than 20 per cent," he said to a question on discussions around E20 fuel, adding that misinformation was being spread about the issue.
The government has been promoting ethanol-blended petrol as part of its strategy to reduce dependence on imported crude oil, one of the biggest contributors to its current account deficit. The country has already rolled out E20 fuel, containing 20 pe

Hardeep Puri, Hardeep

Press Trust of India

Business Standard BFSI Insight Summit 2026: Insurers say AI-generated documents and evolving cyber threats are testing traditional risk assessment, prompting calls for stronger safeguards

From left to right: Animesh Das, MD & CEO, Acko General Insurance; Hitesh Joshi, CMD, GIC Re; Pallavi Malani, India Leader & Insurance Partner; Parthanil Ghosh, MD & CEO, HDFC Ergo

Business Standard

The Delhi High Court on Tuesday refused to stay the investigation in a case filed against a woman journalist by a police officer over alleged casteist remarks and public humiliation against him during a protest near Jantar Mantar earlier this month.
Justice Mini Pushkarna said the court was not rejecting the interim prayer at this stage and it was also not passing any order on it.
The court issued notice to the Delhi Police and Assistant Commissioner of Police (ACP) Vivek Bhagat, the complainant in the case, on the journalist's petition seeking quashing of the FIR and asked them to file their replies before November 16, the next date of hearing.
"I am not rejecting any prayer as of now. I am only issuing notice to them. The matter needs consideration; list for final hearing on November 16," the judge said.
Earlier, the woman journalist had filed a sexual assault complaint against ACP Bhagat. Her complaint is being investigated by the Delhi Police Crime Branch.
The scribe's counsel

Delhi High Court

Delhi recorded an Air Quality Index (AQI) of 191 on Saturday, the lowest for October 24 in a decade, excluding the Covid period, the Delhi government said, attributing the improvement to sustained pollution control measures.
According to a statement issued by the Environment Department, the AQI stood at 306 on October 24 in 2024 and 275 on the corresponding date in 2025, before declining to 191 this year.
Environment Minister Manjinder Singh Sirsa said the improvement reflected the government's efforts to tackle pollution through enforcement, monitoring and public participation.
An AQI of 191 falls in the 'moderate' category.
The government said nearly 9,883 vehicle challans were issued in the last 24 hours as part of its anti-pollution drive. During the same period, 2,810 km of roads were mechanically swept and 1,075 km covered through water sprinkling to control dust.
Authorities also removed 12,702 metric tonnes of waste, lifted 2,223 metric tonnes of construction and demolitio

Smog, Delhi Pollution, Delhi Air Quality, Pollution

Restarting Venezuela's largest fossil fuel-burning plant will help ease chronic blackouts that have worsened since earthquakes ravaged the region in June

Residents fix a car during a power outage in Cabimas, Zulia state, Venezuela.

Chinese firm to restart Venezuela power plant unit amid chronic blackouts

Reuters

CJP's West Bengal unit on Saturday demanded an impartial probe into the Chorabagan stampede that claimed 19 lives and called for accountability for any negligence established during the investigation.
The party organised a condolence programme and a press conference to pay tribute to the victims and express solidarity with the affected families.
Addressing the press conference, a Cockroach Janta Party (CJP) member called for safety audits, trained personnel, emergency evacuation plans and better coordination among emergency services.
In a statement, CJP coordinator Prakriti Sahu outlined the party's demands, including timely financial assistance and medical support for the affected families and injured, stronger safety guidelines for major public gatherings and festival pandals across the state, and regular public updates on the investigation and relief measures.
The party said it would submit its demands in writing to the relevant authorities and seek details of the action taken.

Footwear lies scattered outside a Durga Puja pandal after the exit gate collapsed due to heavy crowd pressure, leading to a stampede-like situation, in Kolkata, Saturday

Kolkata Durga Puja pandal stampede

The scale of the selling and the speed and magnitude of the underperformance in Indian equities are unsustainable

Foreign portfolio investors have withdrawn $65 billion from Indian equities since September 2024, amid sharp market underperformance and declining global investor interest. | Illustration: Binay Sinha

The rupee has lost about 6% of ‌its value so far in 2026, making it the second-worst performing currency in Asia, and hit a record low of 96.96 in May

Raghuram Rajan

Noel Tata has challenged the validity of N Chandrasekaran's five-year reappointment as Tata Sons chairman, citing procedural lapses and the absence of the resolution from the meeting agenda

neol tata

At the BFSI Insight Summit 2026, banking leaders said AI and autonomous agents could transform banking, but warned that balancing innovation with risk controls would be crucial

Left to right: Shivani Shinde, Business Next's Nishant Singh, Accenture's Paritosh Wechalekar,  PNB's Rajesh Prasad, Axis Bank Group's Sameer Shetty, HDFC Bank Group's Ramesh Lakshminarayanan.

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No intention to increase ethanol blending in fuel beyond 20%: Hardeep Puri

Insurers need stronger safeguards against AI-driven fraud, say experts

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